HS-Code Description

HS Code of 850511 (ELECTRO-MAGNETS; PERMANENTMAGNETS AND ARTICLES INTENDEDTO BECOME PERMANENT MAGNETSAFTER MAGNETISATION; ELECTROMAGNETIC OR PERMANENT MAGNETCHUCKS, CLAMPS AND SIMILARHOLDING DEVICES; ELECTROMAGNETIC COUPLINGS, CLUTCHESAND BRAKES; ELECTRO-MAGNETIC LIFTING HEADS)

Description:

ELECTRO-MAGNETS; PERMANENTMAGNETS AND ARTICLES INTENDEDTO BECOME PERMANENT MAGNETSAFTER MAGNETISATION; ELECTROMAGNETIC OR PERMANENT MAGNETCHUCKS, CLAMPS AND SIMILARHOLDING DEVICES; ELECTROMAGNETIC COUPLINGS, CLUTCHESAND BRAKES; ELECTRO-MAGNETIC LIFTING HEADS.

HS codes falls under this category.

85051110 85051190

Incentives of 850511 (ELECTRO-MAGNETS; PERMANENTMAGNETS AND ARTICLES INTENDEDTO BECOME PERMANENT MAGNETSAFTER MAGNETISATION; ELECTROMAGNETIC OR PERMANENT MAGNETCHUCKS, CLAMPS AND SIMILARHOLDING DEVICES; ELECTROMAGNETIC COUPLINGS, CLUTCHESAND BRAKES; ELECTRO-MAGNETIC LIFTING HEADS)

HS Codes	Duty Drawback	Unit	Drawback Rate	Drawback cap per unit in Rs.
85051110	Duty Drawback	-	2	-
85051190	Duty Drawback	-	2	-

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

PLEASE NOTE: TOTAL INCENTIVE EQUALS SUM OF MEIS AND DUTY DRAWBACK.FOR INSTANCE, FOR Other FALLING UNDER HS CODE: 150290 INCENTIVES FROM THE GOVERNMENT IS 0.15%.

HS Codes	Product Description	Reward under MEIS
85051110	Permanent magnets and articles intended to become permanent magnets after magnetisation:Of metal:Ferrite cores	-
85051190	Permanent magnets and articles intended to become permanent magnets after magnetisation:Of metal:Other	0.8%%

Standard Input Output Norms of 850511 (ELECTRO-MAGNETS; PERMANENTMAGNETS AND ARTICLES INTENDEDTO BECOME PERMANENT MAGNETSAFTER MAGNETISATION; ELECTROMAGNETIC OR PERMANENT MAGNETCHUCKS, CLAMPS AND SIMILARHOLDING DEVICES; ELECTROMAGNETIC COUPLINGS, CLUTCHESAND BRAKES; ELECTRO-MAGNETIC LIFTING HEADS)

Product Details

Export Item	Quantity	Import Item	Qty Allowed.
Soft Ferrite Part namely the following:- (A) Manganese Zinc Soft Ferrite Parts (B)Magnesium Zinc Soft Ferrite Parts (C) Nickel Zinc Ferrite Parts.	1Kg.	For Export item (A) 1. Ferrit Oxide 2. Manganese (Manganous/Manganic) 3. Zinc Oxide 4. Poly Vinyl Alcohol (PVA). 5. Polyethylene Glycol 6. Additives.	0.8800Kg 0.3040Kg.
		Soft Ferrite Part namely the following:- (A) Manganese Zinc Soft Ferrite Parts (B)Magnesium Zinc Soft Ferrite Parts (C) Nickel Zinc Ferrite Parts.	1Kg.	For Export item (B) 1. Ferrit Oxide 2. Zinc Oxide 3. Poly Vinyl Alcohol (PVA). 4. Mangnesium Oxide 5. Polyethylene Glycol 6. Additives.	0.752Kg 0.150Kg. 0.015Kg 0.111Kg 0.005Kg 0.103Kg.
				Soft Ferrite Part namely the following:- (A) Manganese Zinc Soft Ferrite Parts (B)Magnesium Zinc Soft Ferrite Parts (C) Nickel Zinc Ferrite Parts.	1Kg.	For Export item (C) 1. Ferrite Oxide 2. Zinc Oxide 3. Polyvinyl Alcohol (PVA) 4. Cobalt Oxide 5. Nickel Oxide 6. Additives.	0.7808Kg 0.1240Kg. 0.0150Kg 0.0650Kg 0.2987Kg 0.1210Kg.

TOP BUYING COUNTRIES of 850511 (ELECTRO-MAGNETS; PERMANENTMAGNETS AND ARTICLES INTENDEDTO BECOME PERMANENT MAGNETSAFTER MAGNETISATION; ELECTROMAGNETIC OR PERMANENT MAGNETCHUCKS, CLAMPS AND SIMILARHOLDING DEVICES; ELECTROMAGNETIC COUPLINGS, CLUTCHESAND BRAKES; ELECTRO-MAGNETIC LIFTING HEADS)

S.No	Country Name	Shipment Value (Currency)	Total Buyers
No records found

Description:

REWARD UNDER MERCHANDISE EXPORTS FROM India SCHEME (MEIS) [AS % ON FOB VALUE OF EXPORTS]

Product Details

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